JP Morgan releases active ETFs

JP Morgan ETFs

JP Morgan Asset Management has released its first exchange-traded fund products into the Australian market with two active ETFs available on the ASX.

JP Morgan Asset Management (JPMAM) has released its first exchange-traded fund (ETF) offerings into the Australian market, with the release of two active ETFs that were listed today on the Australian Securities Exchange.

The global asset manager stated the launch of the JP Morgan Equity Premium Income Active ETF (JEPI) and JP Morgan Global Research Enhanced Index Equity Active ETF (JREG) was the start of a pipeline of active ETFs and a milestone in the growth of the business.

JPMAM Australia and New Zealand head of wholesale Mark Carlile said the JEPI ETF aims to deliver monthly distributable income with lower volatility than the United States stock market, which would be appealing to Australian investors searching for income.

The JREG ETF would provide active global equity exposure that was country, sector and style neutral, similar to the MSCI World ex-Australia benchmark, but also apply active stock selection from more than 90 fundamental research analysts who cover over 2500 stocks.

“Our domestically listed JEPI feeds directly into the highly successful US Master Fund, which was launched in the US in May 2020. It currently ranks number one for flows into active ETFs year to date, with US$3.5 billion in net new assets in the third quarter alone,” Carlile said.

“Launching JREG in addition to our existing JPMorgan Global Research Enhanced Index Equity Fund (hedged and unhedged) is simply an expansion to the way investors can invest in research enhanced index equities.

“JREG seeks to incorporate the best of both active and passive, and plays a versatile role in portfolios, including as a cost-effective core exposure to certain equity markets or as an asset allocation tool.”

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